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2013-04-24 CC Packet
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2013-04-24 CC Packet
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4/19/2013 11:57:32 AM
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CITY OF CENTERVILLE, MINNESOTA <br /> STATEMENTS OF CASH FLOWS - CONTINUED <br /> PROPRIETARY FUNDS <br /> FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011 <br /> Business -type Activities - Enterprise Funds <br /> 601 602 <br /> Water Sewer <br /> 2012 2011 2012 2011 <br /> RECONCILIATION OF OPERATING (INCOME) LOSS TO NET <br /> CASH PROVIDED BY OPERATING ACTIVITIES <br /> Operating income (loss) $ (28,890) $ (95,967) $ (58,689) $ (100,825) <br /> Other income related to operations 427 299 - - <br /> Adjustments to reconcile operating income (loss) to <br /> net cash provided by operating activities <br /> Depreciation 186,637 181,878 118,738 118,927 <br /> (Increase) decrease in assets <br /> Accounts receivable 357 (1,911) (9,978) (5,058) <br /> Inventories (6,670) 121 - - <br /> Prepaid items 1,301 (1,301) 472 (286) <br /> Increase (decrease) in liabilities <br /> Accounts payable 1,272 1,907 337 (156) <br /> Contracts payable _ _ - - <br /> Accrued salaries payable (33) (499) (33) (499) <br /> Compensated absences payable (338) (552) (338) (552) <br /> Due to other governments (778) (181) 49,956 2,336 <br /> NET CASH PROVIDED <br /> BY OPERATING ACTIVITIES $ 153,285 $ 83,794 $ 100,465 $ 13,887 <br /> NONCASH CAPITAL AND <br /> RELATED FINANCING ACTIVITIES <br /> Capital assets contributed by other funds $ - $ - $ _ $ _ <br /> The notes to the financial statements are an integral part of this statement. <br /> -48- <br /> 68 <br />
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